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About This Home
This 2-bedroom, 1-bathroom single family at 1720 W 24th Street in Anderson, IN is listed for $65,000 ($60 per sqft). Built in 1948, the home offers 1,086 sqft of living space on a 0.14 acres lot.
Welcome to 1720 W 24th St, a charming and durable concrete block ranch located just southwest of downtown Anderson. This move-in-ready home sits on a manageable corner lot, fully enclosed by a chain-link fence for added security. Whether you are an owner-occupant seeking an affordable starter home or an investor looking for a high-yield asset, this property delivers.
Its unique blue metal roof provides striking curb appeal and long-term durability, while the front deck and ramp ensure easy accessibility. Inside, you'll find a spacious 1,086 sq ft floor plan featuring arched doorways that add a touch of character. The smart split-bedroom layout offers privacy, with a galley-style kitchen and full bath situated between the two bedrooms.
The kitchen is packed with cabinet space and includes convenient side-by-side laundry hookups. Recent updates to the flooring and paint allow for immediate occupancy, yet there is significant value-add potential for those looking to modernize the windows, kitchen, and bath to maximize equity.
The property also has a 588 sq ft unfinished basement with daylight windows, central heat/air, and a 1-car attached garage. Location is key: you are around the corner from Anderson Speedway and Jackson Park, and under 10 minutes from St. Vincent Hospital, Meadowbrook Golf Course, and the casino and horse track.
For investors, this is a prime rental opportunity with estimated rents of $900-$1,000, easily exceeding the 1% rule. Schedule your showing today and see the potential for yourself! No creative/seller financing and no wholesalers. Property sold as-is.
Key Features
- Built in 1948
- 0.14 acre lot
Property Details
Amenities
Monthly Cost Estimate
$348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1720 W 24th Street
Anderson, IN 46016
Pleasant Walk
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1720 W 24th Street is listed at $65,000 ($60/sqft). The estimated monthly payment is $282 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.14 acre lot. Interior Features: Attic Access. Exterior Features: Fencing, Exterior Handicap Accessible.
This property is listed by Peter Stewart and can be reached at 3178466300 or peter@peterstewartrealty.com.
